The purpose of the company is to operate the Kehrsiten-Bürgenstock cable car, which was concessioned on December 23, 1886, opened in 1888, and acquired and operated by the company since then, and which was rebuilt between 1909 and 1912. The company may acquire, sell, encumber, manage, and develop properties. It may establish branch offices and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad with the same or similar purpose, acquire or establish similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it.